NOT LISTED FOR SALE

2925 Galway Ln Chesapeake Beach, MD 20732

Estimated Value: $431,000 - $473,000

3 Beds
2.5 Baths
1,418 Sq Ft
$316/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $275,000 $194 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,700/month

Highlights

  • Boat or Launch Ramp
  • Home fronts navigable water
  • Sandy Beach
  • Windy Hill Elementary School Rated A-
  • Water Access
  • 0.78 Acre Lot

About This Home

As of October 2018

This One-of-kind Cape Cod offers 2368 sqft of living space and is only minutes from beaches, boardwalk, water park, shopping, and restaurants. Upper-Level Master Bedroom w/ Full Bath, Hardwood floors on living room & dining room, NEW Stainless Appliances, New carpet in basement, & main level bedrooms, 24'x12' deck, fenced backyard, NEW Asphalt Shingle Roof. Closing help offered.

Last Agent to Sell the Property

Tina Benton

(443) 624-7566 tinaEMS@hometowneteam.com Home Towne Real Estate Listed on: 05/28/2018

Home Towne Real Estate

Last Buyer's Agent

Matthew Wahlstrom

(202) 937-2175 matthew@mjhomesalesva.com Pearson Smith Realty, LLC

Pearson Smith Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 1992

Lot Details

  • 0.78 Acre Lot
  • Home fronts navigable water
  • Sandy Beach
  • Property is in below average condition

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Insulated Windows
  • Living Room
  • Dining Room
  • Game Room
  • Finished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Parking

  • Parking Space Number Location: 3
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property near a bay
  • Available By Lease
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • Shed

Schools

  • Beach Elementary School
  • Windy Hill Middle School
  • Northern High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • The Highlands Subdivision

Listing and Financial Details

  • Tax Lot 207
  • Assessor Parcel Number 0503123464

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,491

Year Built

Built in 1992

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-05-28
  • Year Built: 1992
  • Remarks Public: This One-of-kind Cape Cod offers 2368 sqft of living space and is only minutes from beaches, boardwalk, water park, shopping, and restaurants. Upper-Level Master Bedroom w/ Full Bath, Hardwood floors on living room & dining room, NEW Stainless Appliances, New carpet in basement, & main level bedrooms, 24'x12' deck, fenced backyard, NEW Asphalt Shingle Roof. Closing help offered.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Dishwasher
  • Interior Amenities: Dining Area, Primary Bath(s), Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 2925

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 3
  • Type Of Parking: Off Street

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 85.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Elementary School: BEACH
  • Middle School: WINDY HILL
  • High School: NORTHERN
  • School District Key: 121139842846
  • Elementary School: BEACH
  • High School: NORTHERN
  • Middle Or Junior School: WINDY HILL

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 149300.00
  • Land Assessed Value: 140300.00
  • Lot Size Acres: 0.78
  • Lot Size Area: 33839
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33839.00
  • Property Condition: Below Average
  • Year Assessed: 2018
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14957155
  • Tax Annual Amount: 3491.34
  • Assessor Parcel Number: 0503123464
  • Tax Lot: 207
  • Tax Total Finished Sq Ft: 1418
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/01/2018

Multi Family

  • Dock Slip Conveyance: Available By Lease
  • Waterfront Features: Sandy Beach, Boat/Launch Ramp

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2018
Closed on
Oct 1, 2018
Sold by
Moore Kenneth R and Moore Jamie M
Bought by
Regan Brandon K and Regan Amanda
Seller's Agent
Tina Benton
Home Towne Real Estate
Buyer's Agent
Matthew Wahlstrom
Pearson Smith Realty, LLC
List Price
$289,700
Sold Price
$275,000
Premium/Discount to List
-$14,700
-5.07%
Current Estimated Value
$448,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,393
Avg. Annual Appreciation
7.22%
Original Mortgage
$284,075
Outstanding Balance
$247,730
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$200,663

Purchase Details

Closed on
Jun 27, 2005
Sold by
Grey Walter J and Grey Dawn M
Bought by
Moore Kenneth R and Moore Jamie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,600
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2005
Sold by
Grey Walter J and Grey Dawn M
Bought by
Moore Kenneth R and Moore Jamie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,600
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 1994
Sold by
Calvert Highlands Lp
Bought by
Grey Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,231
Interest Rate
8.29%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Regan Brandon K $275,000 Velocity National Title Co L
Moore Kenneth R $332,000 --
Moore Kenneth R $332,000 None Available
Grey Walter J $133,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regan Brandon K $284,075
Previous Owner Moore Kenneth R $256,600
Previous Owner Grey Walter J $133,231
Closed Moore Kenneth R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $275,000 -5.1% $194 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
05/28/2018 05/28/18 For Sale $289,700 -- $204 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,790 $352,000 $140,300 $211,700
2024 $3,790 $336,733 $0 $0
2023 $3,494 $321,467 $0 $0
2022 $3,332 $306,200 $140,300 $165,900
2021 $6,665 $300,667 $0 $0
2020 $3,226 $295,133 $0 $0
2019 $3,038 $289,600 $140,300 $149,300
2018 $3,038 $289,600 $140,300 $149,300
2017 $3,233 $289,600 $0 $0
2016 -- $292,300 $0 $0
2015 $2,913 $287,833 $0 $0
2014 $2,913 $283,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000824276

Bright MLS

APN: 03-123464